---
title: "505 West 47th Street #5DN, New York City, NY 10036"
description: "505 West 47th Street #5DN, New York City, NY 10036 — Hell's Kitchen, New York City, NY. Listing Price $995,000. Price Reduced: Reduced $30,000 (2.9%) from $1,025,000 on July 17, 2026. 2 bed, 1 bath, 841 sqft Illustrative Buyer Commission Share of $14,925 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10036/505-west-47th-street-5dn-ny-10036"
source: "Real Estate Rebate Team"
status: "Active"
---

# 505 West 47th Street #5DN, New York City, NY 10036

Hell's Kitchen, New York City, NY

Courtesy of Brown Harris Stevens Residential Sales LLC

## At a Glance

- **Listing Price**: $995,000
- **Price Reduced**: Reduced $30,000 (2.9%) from $1,025,000 on July 17, 2026
- **Beds**: 2
- **Baths**: 1
- **Sqft**: 841
- **Common Charges**: $1,668 / mo
- **Price per Sqft**: $1,183
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $995,000
- **Illustrative Buyer Commission Share**: -$14,925*
- **Illustrative Net Cost**: $980,075

*Illustrative Buyer Savings of $14,925 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![505 West 47th Street #5DN, New York City, NY 10036 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/80619f91-ab08-448e-a55e-34cac75cc7d4.jpg)
![505 West 47th Street #5DN, New York City, NY 10036 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c9d21a0a-3c86-4a21-b3bf-0fa95f017252.jpg)
![505 West 47th Street #5DN, New York City, NY 10036 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ab7d4ab8-0de2-41d3-95e2-3258f38af959.jpg)
![505 West 47th Street #5DN, New York City, NY 10036 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c1030d01-47ac-49c0-b29f-b8c988c87f49.jpg)
![505 West 47th Street #5DN, New York City, NY 10036 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/88b62037-3619-4867-a043-e21d1baeee78.jpg)
![505 West 47th Street #5DN, New York City, NY 10036 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fb987b38-49c7-481a-a7da-0f84f8147ec7.jpg)
![505 West 47th Street #5DN, New York City, NY 10036 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ead2cdca-12df-41ec-aa2e-caf00dc64760.jpg)
![505 West 47th Street #5DN, New York City, NY 10036 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4575ce44-69d1-4493-855e-d8e09b3157a6.jpg)
![505 West 47th Street #5DN, New York City, NY 10036 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/028dbf4d-ad51-4d7a-af4c-11f3cb72b940.jpg)
![505 West 47th Street #5DN, New York City, NY 10036 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0eca5516-2c24-4859-80e0-63118112183c.jpg)

## Property Overview

Stunning convertible two bedroom apartment located in the luxury 505 condominium building. This floor thru apartment has both southern and northern exposures. Other features include an open kitchen, washer/dryer, and south facing balcony.

 The 505 condominium has a full time doorman, live in super, and attentive staff. The amenities include the building's gym, courtyard garden, and furnished roof deck with grills.

## Property Details

- **Property Type**: Condominium
- **Beds**: 2
- **Baths**: 1
- **Rooms**: 3
- **Sqft**: 841 sqft
- **Stories**: 7
- **Year Built**: 2008
- **Price per Sqft**: $1,183
- **Common Charges**: $1,668 / Monthly
- **Listed On**: Jun 15, 2026
- **Days on Market**: 98 Days

### Residence Features

- In Unit
- Building Courtyard
- Balcony
- Building Roof Deck
- Private Outdoor Space Under 60 Sqft
- City
- Park/Greenbelt

## Estimated Monthly Payment

**$6,699 / month**, assuming a 20% down payment ($199,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $5,031
- **Common Charges**: $1,668

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

30 apartments at The 505 have recorded sales since September 2021, the most recent for $505,000 in March 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 1GN (Apartment) | Studio | 384 | $505,000 | $1,315/ft² | March 12, 2026 | City record · MLS |
| 3DS (Apartment) | Studio | 437 | $530,000 | $1,213/ft² | February 26, 2026 | City record · MLS |
| 4DN (Apartment) | 1 | 841 | $899,000 | $1,069/ft² | January 5, 2026 | City record · MLS |
| 1DS (Apartment) | Studio | 384 | $510,000 | $1,328/ft² | December 8, 2025 | City record · MLS |
| PH3-N (Apartment) | 2 | 1,009 | $552,000 | $547/ft² | December 1, 2025 | City record |
| PH6N (Apartment) | 1 | 536 | $850,000 | $1,586/ft² | November 6, 2025 | City record · MLS |
| 5BS (Apartment) | Studio | 442 | $603,700 | $1,366/ft² | July 23, 2025 | City record · MLS |
| 6DN (Apartment) | 1 | 841 | $945,000 | $1,124/ft² | May 16, 2025 | City record · MLS |
| 5E-N (Apartment) | — | 615 | $773,000 | $1,257/ft² | December 16, 2024 | City record |
| 1BS (Apartment) | Studio | 437 | $560,000 | $1,281/ft² | December 16, 2024 | City record · MLS |
| 5H-N (Apartment) | 1 | 477 | $610,000 | $1,279/ft² | December 13, 2024 | City record |
| PH3-N (Apartment) | 2 | 1,009 | $1,640,000 | $1,625/ft² | December 11, 2024 | City record · MLS |
| 2ES (Apartment) | 1 | 689 | $740,000 | $1,074/ft² | December 5, 2024 | City record · MLS |
| 4-ES (Apartment) | 1 | 689 | $750,000 | $1,089/ft² | September 19, 2024 | City record · MLS |
| 6B-S (Apartment) | — | 423 | $560,000 | $1,324/ft² | August 9, 2023 | City record |
| 6C-N (Apartment) | 1 | 629 | $812,500 | $1,292/ft² | June 30, 2023 | City record |
| 2DS (Apartment) | Studio | 437 | $578,000 | $1,323/ft² | April 19, 2023 | City record · MLS |
| 5AN (Apartment) | 1 | 810 | $1,050,000 | $1,296/ft² | October 28, 2022 | City record · MLS |
| 6BN (Apartment) | 2 | 951 | $1,330,000 | $1,399/ft² | October 26, 2022 | City record · MLS |
| 1AN (Apartment) | Studio | — | $585,000 | — | September 9, 2022 | City record · MLS |
| 5BS (Apartment) | Studio | — | $577,000 | — | September 1, 2022 | City record · MLS |
| 3H-N (Apartment) | 1 | 477 | $659,200 | $1,382/ft² | July 20, 2022 | City record |
| PH5N (Apartment) | 2 | — | $1,650,000 | — | May 10, 2022 | City record · MLS |
| 3AN (Apartment) | 1 | 810 | $990,000 | $1,222/ft² | April 20, 2022 | City record · MLS |
| 3CN (Apartment) | 1 | 629 | $866,000 | $1,377/ft² | March 25, 2022 | City record · MLS |
| 4-FS (Apartment) | 1 | 832 | $985,000 | $1,184/ft² | February 22, 2022 | City record · MLS |
| 2CS (Apartment) | 1 | — | $850,000 | — | February 11, 2022 | City record · MLS |
| 4CS (Apartment) | 1 | 637 | $865,000 | $1,358/ft² | November 16, 2021 | City record · MLS |
| 1HS (Apartment) | Studio | 475 | $575,000 | $1,211/ft² | November 3, 2021 | City record · MLS |
| 1-FN (Apartment) | Studio | 370 | $530,000 | $1,432/ft² | October 29, 2021 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

- **This home**: $995,000
- **Median sold price**: $1,640,000
- **Difference**: -$645,000 (-39.3%)
- **This home, $/ft²**: $1,183
- **Comparable sales**: 3
- **Sales from**: May 2022 – December 2024
- **Middle half of those sales**: $1,485,000 – $1,645,000

Based on two-bedroom sales at The 505.

Square footage is recorded for only 2 of these 3 sales (67%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest.

### Price trend

Median price per square foot, sales at The 505

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2017 | $1,364/ft² | 7 |
| 2020 | $1,314/ft² | 5 |
| 2021 | $1,273/ft² | 11 |
| 2022 | $1,337/ft² | 10 |
| 2023 | $1,323/ft² | 3 (thin) |
| 2024 | $1,268/ft² | 6 |
| 2025 | $1,347/ft² | 4 (thin) |
| 2026 YTD | $1,213/ft² | 3 (thin) |

Based on recorded sales at The 505. 2026 is year-to-date.

Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning.

Sales data through March 2026.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at The 505](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-505)

## Price and Property History for 505 West 47TH Street, Unit 5DN

Review the recorded listing activity for 505 West 47TH Street, Unit 5DN, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $30,000, or 2.9%, on July 17, 2026
- **Originally listed**: June 15, 2026 at $1,025,000
- **Current asking price**: $995,000

| Date | Price | Listing event |
| --- | --- | --- |
| July 17, 2026 | $995,000 | Asking price reduced by $30,000, or 2.9% |
| June 15, 2026 | $1,025,000 | Listed for sale by Brown Harris Stevens Residential Sales LLC |

## Property Tax History

Taxes at 505 West 47th Street #5DN were $14,264 in 2026, up 5.5% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $130,926 | $13,865 | $117,061 | $114,109 | $14,264 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $125,794 | $13,865 | $111,929 | $108,209 | $13,526 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $118,324 | $13,865 | $104,459 | $103,983 | $12,998 | 12.5% |
| 2023 (FY 2023/24) | $126,337 | $13,865 | $112,472 | $102,811 | $12,853 | 12.502% |
| 2022 (FY 2022/23) | $105,297 | $13,865 | $91,432 | $97,733 | $11,989 | 12.267% |
| 2021 (FY 2021/22) | $87,371 | $13,865 | $73,506 | $87,371 | $10,690 | 12.235% |
| 2020 (FY 2020/21) | $97,639 | $13,865 | $83,774 | $91,146 | $11,181 | 12.267% |
| 2019 (FY 2019/20) | $97,417 | $13,865 | $83,552 | $86,488 | $8,826 | 12.473% |
| 2018 (FY 2018/19) | $100,950 | $13,865 | $87,085 | $79,230 | $8,192 | 12.612% |
| 2017 (FY 2017/18) | $79,111 | $13,865 | $65,246 | $71,442 | $5,852 | 12.719% |
| 2016 (FY 2016/17) | $80,621 | $13,865 | $66,756 | $67,350 | $5,615 | 12.892% |
| 2015 (FY 2015/16) | $74,355 | $13,866 | $60,489 | $67,598 | $4,092 | 12.883% |
| 2014 (FY 2014/15) | $61,141 | $13,866 | $47,275 | $68,909 | $4,150 | 12.855% |
| 2013 (FY 2013/14) | $61,984 | $13,865 | $48,119 | $72,864 | $2,743 | 13.145% |
| 2012 (FY 2012/13) | $58,649 | $13,865 | $44,784 | $76,652 | $2,850 | 13.181% |
| 2011 (FY 2011/12) | $81,855 | $13,866 | $67,989 | $80,187 | $1,057 | 13.433% |
| 2010 (FY 2010/11) | $80,922 | $13,866 | $67,056 | $79,084 | $10,560 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 1010761090. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### The 505

Hell's Kitchen · Condominium

505 West 47th Street, New York, NY 10036

A building in Hell's Kitchen, currently featuring 4 active listings.

- **Year Built**: 2008
- **Active Units**: 4
- **Floors**: 7

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-505)

### Available Residences — For Sale (4)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [5DN](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10036/505-west-47th-street-5dn-ny-10036) | 2 | 1 | 841 sqft | $1,183 | $995,000 (-2.9%) | Brown Harris Stevens Residential Sales LLC | Jun 15, 2026 | 98 days |
| [1-FN](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10036/505-west-47th-street-1fn-ny-10036) | Studio | 1 | 384 sqft | $1,380 | $530,000 (-4.3%) | Howard Hanna NYC | Apr 3, 2025 | 536 days |
| [5BN](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10036/505-west-47th-street-5bn-ny-10036) | 2 | 2 | 951 sqft | $1,262 | $1,200,000 (-7.0%) | Brown Harris Stevens Residential Sales LLC | Apr 16, 2026 | 158 days |
| [6GS](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10036/505-west-47th-street-6gs-ny-10036) | 2 | 2 | 975 sqft | $1,332 | $1,299,000 | Brown Harris Stevens Residential Sales LLC | Jul 31, 2026 | 52 days |

## Hell's Kitchen

Restaurant Row & Nightlife

[Explore Hell's Kitchen](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hell-s-kitchen) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Hell's Kitchen

- [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district)
- [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown)
- [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea)
- [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill)
- [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district)
- [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay)

## Related Links

- [The 505 — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-505)
- [Hell's Kitchen neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hell-s-kitchen)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.